About International Gemmological Institute (India) Limited
Company's primary business is the provision of services related to the certification and accreditation of natural diamonds, laboratory grown diamonds, studded jewelry and offering educational programs. IGI India, is part of IGI, is one of the established reputed certifiers in the global market.
IGI is the world’s second largest independent certification and accreditation services provider based on revenue for CY2023 among global peers for diamonds, studded jewelry and colored stones certifications, with a global market share of approximately 33%. IGI in India holds approx 50% market share.
India, which is the world’s largest center for cutting and polishing diamonds holds 95% of the world’s total polished diamonds in volume. Certification and accreditation of laboratory-grown diamonds, the fastest growing sub-segment within the overall jewelry market is growing at a CAGR of 19% (from CY2019 to CY2023)
Why To Invest in International Gemmological Institute (India) Limited
Company is second largest certification provider for diamonds and stones, a niche segment.
The Company proposes to utilize the Net Proceeds towards funding the following objects:
Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter.
| Year | 3 month period ended Mar 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Revenue from Operations (Rs. Cr) | 209.1 | 638.5 | 490.9 | 364.6 |
| Profit After Tax (Rs. Cr) | 124.8 | 324.7 | 241.7 | 171.5 |
Explore Other Products
